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UBI GLOBAL world rankings 19 /20 report the ubi Global world rankings of business incubators and Accelerators

Transcript of world rankings 19 /20 - UBI Global · WORLD TOP UNIVERSITY BUSINESS INCUBATORS 10 WORLD TOP PUBLIC...

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UBI GLOBAL

worldrankings

19 /20report

the ubi Global world rankings ofbusiness incubators and Accelerators

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World Rankings Report 19/20UBI GLOBAL

WORLD RANKINGS REPORT 19/20

AUTHORS: HOLGER MEYER, JOSHUA SOWAH

NOVEMBER 2019

CONTACT US UBI Global

[email protected] Stockholm, Sweden

PUBLISHED NOVEMBER 2019© 2019 UBI Global

Enabling Innovation Through Impactful Collaborations Worldwide

All rights reservedhttp://ubi-global.com

This publication is a creative work copyrighted by UBI Global and fully protected by all applicable copyright laws. Reproduction or translation of any part of this work without the permission of the copyright owner is unlawful. Requests for permission or further information should be addressed to the Permission Department, UBI Index AB, WeWork, Malmskillnadsgatan 32, 5, 111 51 Stockholm, Sweden

SPONSORED BY

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World Rankings Report 19/20UBI GLOBAL

TABLE OF CONTENTS

PROGRAM CLASSIFICATION 5

LANDSCAPE AND METHODOLOGY OVERVIEW 6BENCHMARK AND RANKING FRAMEWORK 7

METHODOLOGICAL PROCEDURE 7

SCORE CALCULATION 8

RANKING AND RECOGNITION OVERVIEW 9

RANKINGS 10WORLD TOP UNIVERSITY BUSINESS INCUBATORS 10

WORLD TOP PUBLIC BUSINESS INCUBATORS 12

WORLD TOP PRIVATE BUSINESS INCUBATORS 13

WORLD TOP UNIVERSITY BUSINESS ACCELERATORS 14

WORLD TOP PUBLIC BUSINESS ACCELERATORS 14

WORLD TOP PRIVATE BUSINESS ACCELERATORS 15

RECOGNITIONS 16TOP CHALLENGERS 16

MOST PROMISING 18

PUBLICATIONS 19

ABOUT UBI GLOBAL 20

DIRECTORY: FEATURED PROGRAMS 21

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World Rankings Report 19/20UBI GLOBAL

INTRODUCTION

Dear Innovator,

Around the world, business incubators and accelerators play a pivotal role in the development of innovative solutions to the technological, economic, and social challenges of the 21st century.

Since 2013, UBI Global’s World Benchmark Studies map the proliferation and assess the impact and performance of these key actors in the global entrepreneurship ecosystem. Our research empowers participating organizations to benchmark their capacity to create value for their ecosystems, their client and alumni startups, and for themselves.

Since the last iteration of the study (2017-2018), we have significantly increased the sample size from 259 incubators and accelerators to 364 participants in the World Benchmark Study 2019-2020. Moreover, for the first time, we have extended our research beyond university-linked incubators and accelerators to include public, private, and corporate programs.

The data collected from the participating programs - hailing from 82 countries - collectively provide fascinating insights into the diversity, agility, and rapid growth of the industry. From Aalborg, Denmark to Zhongshan, China, incubators and accelerators continue the development of visions, business models, revenue streams, and service portfolios that match the requirements of their respective ecosystems.

This report presents the Rankings and Recognitions derived from the World Benchmark Study 2019-2020, sponsored by Qatar Development Bank. While traditional incubation and acceleration powerhouses in North America and Western Europe continue to be strongly represented, programs from around the world have captured top spots, underscoring the global importance of university, public, private and corporate incubators and accelerators for successfully nurturing the visionaries and changemakers of tomorrow.

I invite you to use this report as a starting point to learn more about these programs and the amazing work being done by business incubators and accelerators in Africa, Asia-Pacific, Europe, the MENA region, North- and South America.

Happy reading!

Holger Meyer Head of Research, UBI Global

Stockholm, Sweden

[email protected]

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World Rankings Report 19/20UBI GLOBAL 5 - Program Classification

PROGRAM CLASSIFICATION

The classification of business incubators and accelerators into distinctive groups and subgroups allows for a more precise analysis and evaluation of their respective impact and performance results. The 364 incubation programs that participated in the World Benchmark Study 2019-2020 were classified as follows:

1. BUSINESS INCUBATORS

Programs in this group primarily focus on supporting early-stage client startups in becoming viable and scalable businesses. They are generally characterized by quality-controlled intakes of client startups and regular time bound exits. Providing an array of support services and infrastructure through a systematic process, such programs usually support their client startups for one to five years.

2. BUSINESS ACCELERATORS

Programs in this group share a set of characteristics that distinguish them from business incubators and other forms of capacity development services. They are generally fixed-term cohort-based programs. Normally (but not always) focusing on catalyzing later-stage client startup growth, they provide intensive mentorship, training, networking, and access to investment. Intake of new client startups is often highly competitive, with regular time bound exits of up to six months.

3. HYBRIDS

A number of programs self-classify as hybrids, combining many of the best aspects of incubators and accelerators in their service portfolios, however, for the purpose of this study, hybrid programs are categorized as either business incubators or business accelerators, depending on the primary focus of their service portfolio.

4. INCUBATOR & ACCELERATOR GROUPING

Business incubators and accelerators are further divided into the following four subgroups:

Due to the comparatively small number of corporate business incubators and accelerators in the sample, these programs are benchmarked in the Private Business Incubator and Private Business Accelerator categories, respectively.

University

Business incubator/accelerator that derives its business objectives primarily from one or more universities, by which it is often operated and primarily financed.

Public

Business incubator/accelerator that derives its business objectives primarily from one or more public entities by which it is often operated and primarily financed.

Private

Business incubator/accelerator that develops its business objectives largely independently, often operates autonomously and primarily finances its own operations.

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Corporate

Business incubator/accelerator that derives its business objectives primarily from one or more for-profit corporations, by which it is often operated and primarily financed.

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World Rankings Report 19/20UBI GLOBAL 6 - Landscape and Methodology Overview

LANDSCAPE AND METHODOLOGY OVERVIEW

North America Latin America Europe Africa Middle East & North Africa Asia-Pacific

509LOCATIONS

364PROGRAMS

6REGIONS

82COUNTRIES

VALUE FOR ECOSYSTEMThis category assesses the economic impact and performance of the programs and their client and alumni startups as well as the programs’ success in retaining human capital and startups in the ecosystem. The subcategories Economy Enhancement and Talent Retention encompass six identified KPIs.

VALUE FOR CLIENT STARTUPSThis category assesses the number and efficiency of services provided by the programs. Numerous studies have shown that the quantity and quality of services provided is a crucial indicator of long-term startup success. Of equal importance for individual startups – as well as the ecosystem in general – is the programs’ function as facilitators of community and network building. The subcategories Competence Development, Access to Funds, and Access to Network encompass a total of eight KPIs.

VALUE FOR PROGRAMThis category assesses the programs’ success in attracting deal flow and third-party support as well as their capacity to create viable companies. The subcategories Program Attractiveness and Post-Graduation Performance encompass a total of seven KPIs.

This year the final participants were selected after assessing a total of 1580 programs; 364 of these programs, located in 82 countries, were retained for the benchmark. The 364 assessed programs were compared by utilizing 21 key performance indicators (KPIs) identified by the research literature. These KPIs form the base of the seven subcategory scores, which in turn form the scores in the following three main categories used to calculate the individual Program Impact and Performance Scores (PIPS) for all benchmarked incubators and accelerators:

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World Rankings Report 19/20UBI GLOBAL 7 - Landscape and Methodology Overview

BENCHMARK AND RANKING FRAMEWORK

*All fiscal information is converted to and represented in 2018 US dollars

KPI Weight

● High ● Medium ● Low

UBI GLOBAL

METHODOLOGICAL PROCEDURE

After steps 2 and 3: Automatic flagging of unusual or suspicious data: desk research; request for supporting documentation; input from research advisory board members, innovation ambassadors and other industry experts; qualitative interviews with randomly selected incubators and accelerators. After step 4: Qualitative interviews with all top-performing incubators and accelerators.

Verification &Validation

Benchmark level calculation, including global top, average, and regional levels

Benchmarking of all programs within their peer groups and against multiple benchmark levels

5Program

Benchmarking

Preliminary score calculation by summing each program’s KPI scores

Impact evaluation of program type, age, size, ecosystem and other variables

3Performance Assessment

Data cleaning and validation, detection of input errors, outliers and anomalies

Impact and performance data normalization and weighing, reflecting each dimension’s relative importance

2Data Treatment

Assessment and grouping of all applying incubators and accelerators

Collection of impact, performance, and descriptive data from all accepted programs

1Data Collection

Relative ranking of programs based on verified impact and performance data

Identification of top performers in multiple global, regional and national categories

4Program Ranking

Value for Ecosystem

Economy Enhancement

● 1.1 Jobs created & sustained (#)● 1.2 Sales revenue ($*)● 1.3 Graduates (#)● 1.4 Self-generated revenue ($*)

Talent Retention

● 1.5 Client startups accepted (#)● 1.6 Graduate retention (#, %)

Value for Client Startups

Competence Development

● 2.1 Services offered (#)● 2.2 Coaching & mentoring hours (#)

Access to Funds

● 2.3 Total investment attracted ($*)● 2.4 Average investment attracted ($*)● 2.5 Seed funding attraction (#, %)

Access to Network

● 2.6 Partners (#)● 2.7 Events (#)● 2.8 Alumni engagement (#, %)

Value for Program

Program Attractiveness

● 3.1 In-state applications (#, #/spot)● 3.2 Out-of-state applications (#, #/spot)● 3.3 Sponsorship attraction ($*)

Post-Graduation Performance

● 3.4 1-year survival rate (%)● 3.5 5-year survival rate (%)● 3.6 High-growth enterprises (%)● 3.7 Qualified exits (#)

21 KPIs measured

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World Rankings Report 19/20UBI GLOBAL 8 - Landscape and Methodology Overview

SCORE CALCULATIONEach assessed program receives a Program Impact and Performance Score (PIPS) based on its achievements relative to the sample. First, the KPI scores are multiplied by their respective weights. The average of the weighted KPI scores in each subcategory represents the subcategory score. Second, the average of the respective weighted subcategory scores generates the category scores. Finally, the average of the three category scores equals the PIPS.

The programs with the highest PIPS relative to their global, regional or socio-economic peers, are the the ones that are being recognised as top performing programs within their respective categories.

SCORING FRAMEWORK FOR THE WORLD BENCHMARK STUDY 2019 - 2020

21 KPIS (DIMENSIONS) PERIOD UNIT WEIGHT 7 SUBCATEGORIES 3 CATEGORIES 1 PIPS

1. Jobs created & sustained (Workforce) 1 yr # 6.7%

1. Economy Enhancement (22.2%) 1. Value for

Ecosystem (33.3%)

Prog

ram

Im

pact

and

Per

form

ance

Sco

re (1

00%

)

2. Sales revenue (Economic output) 1 yr $ 6.7%

3. Graduates (Economic development) 5 yrs # 4.4%

4. Self-generated revenue (Sustainability) 1 yr $ 4.4%

5. Client startups accepted (Human capital - short term)

1 yr # 6.7%2. Talent Retention (11.1%)6. Graduate retention

(Human capital - long term)5 yrs #, % 4.4%

7. Services offered (Support) 1 yr # 4.4% 3. Competence Development (8.9%)

2. Value for Client Startups (33.3%)

8. Coaching and mentoring hours (Guidance) 1 yr # 4.4%

9. Total investment attracted (Funding - total) 5 yrs $ 6.7%

4. Access to Funds (11.1%)

10. Average investment attracted (Funding - average)

5 yrs $ 2.2%

11. Seed funding attraction (Funding - probability)

1 yr #, % 2.2%

12. Partners (Business development) 1 yr # 6.7%5. Access to Network (13.3%)

13. Events (Stakeholder engagement) 1 yr # 4.4%

14. Alumni engagement (Peer support) 1 yr #, % 2.2%

15. In-state applications (Reputation - local/regional)

1 yr#, #/spot

6.7%6. Program Attractiveness (15.5%)

3. Value for Program (33.3%)

16. Out-of-state applications (Reputation - national/global)

1 yr#, #/spot

4.4%

17. Sponsorship attraction (Brand) 1 yr $ 4.4%

18. 1-year survival rate (Success - potential) 10 yrs % 4.4%

7. Post-Graduation performance (17.8%)

19. 5-year survival rate (Success - promise) 10 yrs % 4.4%

20. High growth enterprises (Success - evidence)

10 yrs % 4.4%

21. Qualified exits (Success - proof) 10 yrs # 4.4%

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World Rankings Report 19/20UBI GLOBAL 9 - Ranking and Recognition Overview

Dependent on the available sample size and composition, the ranking categories are chosen based on two dimensions:

1. PROGRAM TYPE

Incubator Accelerator

Of the 1580 incubators and accelerators that were initially assessed, 364 programs were retained for the benchmarking process which resulted in six world ranking groups. Due to the comparatively small number of corporate incubators and accelerators in the sample, corporate incubators and accelerators and private incubators and accelerators are ranked together. Special recognition is also given to a number of incubators and accelerators that excelled in six regional subsamples and three socio-economic categories.

RANKING AND RECOGNITION OVERVIEW

2. INCUBATOR & ACCELERATOR GROUPING

University Public Private Corporate

$

RANKING GROUPS WORLD TOP PROGRAM - A business incubator or accelerator that achieves outstanding impact and performance relative to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the attractiveness of the program itself.

RECOGNITION GROUPS TOP CHALLENGER - A business incubator or accelerator that stands out due to its impressive overall impact and performance achievements relative to its respective regional peers.

MOST PROMISING - A business incubator or accelerator that stands out due to its impressive overall achievements relative to its young age or with regard to a particularly relevant socio-economic impact metric.

41% of the sample 20% of the sample

7% of the sample

12% of the sample

10% of the sample10% of the sample

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World Rankings Report 19/20UBI GLOBAL 10 - Rankings

RANKINGSWORLD TOP UNIVERSITY BUSINESS INCUBATORS

Business incubators that derive their business objectives primarily from one or more universities, which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

In contrast to previous years’ rankings, the ranked university business incubators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

PROGRAM PARTNER UNIVERSITIES COUNTRY

The DMZ at Ryerson University Ryerson University Canada

İTÜ Çekirdek Istanbul Technical University Turkey

PoliHub - Innovation District & Startup Accelerator

Politecnico di Milano Italy

The SETsquared Partnership University of Bath, University of Bristol, University of Exeter, University of Southampton, University of Surrey

United Kingdom

YES!DelftDelft University of Technology, The Hague University of Applied Sciences

Netherlands

PROGRAM PARTNER UNIVERSITIES COUNTRY

Chalmers Ventures Chalmers University of Technology Sweden

The DMZ at Ryerson University Ryerson University Canada

IPN Incubadora University of Coimbra, Polytechnic Institute of Coimbra Portugal

İTÜ Çekirdek Istanbul Technical University Turkey

PoliHub - Innovation District & Startup Accelerator

Politecnico di Milano Italy

Red de Incubadoras de la Universidad del Valle de Mexico

Laureate International Universities Mexico

The SETsquared Partnership University of Bath, University of Bristol, University of Exeter, University of Southampton, University of Surrey

United Kingdom

University of Toronto Entrepreneurship University of Toronto Canada

UtrechtIncUtrecht University, University Medical Center Utrecht, University of Applied Sciences Utrecht

Netherlands

YES!DelftDelft University of Technology, The Hague University of Applied Sciences

Netherlands

WORLD TOP 5 UNIVERSITY BUSINESS INCUBATORS

WORLD TOP 10 UNIVERSITY BUSINESS INCUBATORS

*Listed alphabetically

*Listed alphabetically

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World Rankings Report 19/20UBI GLOBAL 11 - Rankings

PROGRAM PARTNER UNIVERSITIES COUNTRY

Auge UCR Universidad de Costa Rica Costa Rica

Centech École de technologie supérieure Canada

Chalmers Ventures Chalmers University of Technology Sweden

The DMZ at Ryerson University Ryerson University Canada

GU Ventures University of Gothenburg Sweden

Incuba UdeC Universidad de Concepción Chile

Universidad Javeriana CaliColombia

INITS Universitäres Gründerservice Wien GmbH

Vienna University of Technology, University of Vienna, Medical University of Vienna, University of Natural Resources and Life Sciences, Vienna, University of Veterinary Medicine, Vienna, FH Campus Wien, University of Applied Sciences, FH Technikum Wien, University of Applied Sciences

Austria

IPN Incubadora University of Coimbra, Polytechnic Institute of Coimbra Portugal

İTÜ Çekirdek Istanbul Technical University Turkey

McGill Dobson Centre for Entrepreneurship McGill University Canada

PoliHub - Innovation District & Startup Accelerator

Politecnico di Milano Italy

Red de Incubadoras de la Universidad del Valle de Mexico

Laureate International Universities Mexico

The SETsquared Partnership University of Bath, University of Bristol, University of Exeter, University of Southampton, University of Surrey

United Kingdom

Studio G at Arrowhead Center

New Mexico State University, New Mexico State University Alamogordo, New Mexico State University Carlsbad, New Mexico State University Grants, Burrell College of Osteopathic Medicine, Doña Ana Community College, Eastern New Mexico University, Navajo Technical University, New Mexico Institute of Mining and Technology, San Juan College, Santa Fe Community College, University of New Mexico, Western New Mexico University

United States

SUPERA Parque de Inovação e Tecnologia Universidade de São Paulo Brazil

TEC Edmonton University of Alberta Canada

University of Toronto Entrepreneurship University of Toronto Canada

UtrechtIncUtrecht University, University Medical Center Utrecht, University of Applied Sciences Utrecht

Netherlands

SciencesNetherlands

WORLD TOP 20 UNIVERSITY BUSINESS INCUBATORS

*Listed alphabetically

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World Rankings Report 19/20UBI GLOBAL 12 - Rankings

PROGRAM COUNTRY

Beijing Beihangtianhui Technology Incubator Co., Ltd. China

China

ETC Baltimore United States

HCDC Business Center United States

I3P - Incubatore delle Imprese Innovative del Politecnico di Torino Italy

Ingria Residentship Program Russia

Los Angeles Cleantech Incubator United States

Montpellier BIC France

Uppsala Innovation Centre Sweden

WSL Belgium

WORLD TOP PUBLIC BUSINESS INCUBATORS

Business incubators that derive their business objectives primarily from one or more public entities (and/or non-governmental organizations and/or foundations), which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

In contrast to previous years’ rankings, the ranked public business incubators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

PROGRAM COUNTRY

China

ETC Baltimore United States

I3P - Incubatore delle Imprese Innovative del Politecnico di Torino Italy

Montpellier BIC France

Uppsala Innovation Centre Sweden

WORLD TOP 5 PUBLIC BUSINESS INCUBATORS

WORLD TOP 10 PUBLIC BUSINESS INCUBATORS

*Listed alphabetically

*Listed alphabetically

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World Rankings Report 19/20UBI GLOBAL 13 - Rankings

PROGRAM COUNTRY

1871 United States

Guinness Enterprise Centre Ireland

IE Orchard National Incubator China

MIDITEC Brazil

Royal Scientific Society - iPARK Jordan

WORLD TOP PRIVATE BUSINESS INCUBATORS

Business incubators that develop their business objectives largely independently, which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

In contrast to previous years’ rankings, the ranked private business incubators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

WORLD TOP 5 PRIVATE BUSINESS INCUBATORS

*Listed alphabetically

Home countries of programs represented in the three World Top Business Incubator categories

$

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World Rankings Report 19/20UBI GLOBAL 14 - Rankings

WORLD TOP UNIVERSITY BUSINESS ACCELERATORS

WORLD TOP PUBLIC BUSINESS ACCELERATORS

Business accelerators that derive their business objectives primarily from one or more universities, which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

In contrast to previous years’ rankings, the ranked university business accelerators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

Business accelerators that derive their business objectives primarily from one or more public entities (and/or non-governmental organizations and/or foundations), which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

In contrast to previous years’ rankings, the ranked public business accelerators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

PROGRAM PARTNER UNIVERSITIES COUNTRY

Aalto Startup Center’s Business Generator Aalto University Finland

HSE Business Incubator National Research University - Higher School of Economics Russia

imecGhent University, University of Antwerp, KU Leuven, Vrije Universiteit Amsterdam, Hasselt University

Belgium

Startup Aggieland Texas A&M University, Blinn College District United States

York Entrepreneurship Development Institute (YEDI)

York University, Plekhanov Russian University of Economics Canada

PROGRAM COUNTRY

EIT Digital Accelerator Europe

GenerationS Corporate Accelerator by RVC JSC Russia

ISDI Accelerator (formerly IMPACT Accelerator) Spain

Kerala Startup Mission India

NDRC Ireland

WORLD TOP 5 UNIVERSITY BUSINESS ACCELERATORS

WORLD TOP 5 PUBLIC BUSINESS ACCELERATORS

*Listed alphabetically

*Listed alphabetically

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World Rankings Report 19/20UBI GLOBAL 15 - Rankings

WORLD TOP PRIVATE BUSINESS ACCELERATORS

Business accelerators that develop their business objectives largely independently, which achieve outstanding impact and performance relative to their global peers. These programs outperform their global peers with regard to the value they provide to their innovation ecosystems and client startups, as well as the attractiveness of the programs themselves.

As a result of the PIPS of two programs being exceedingly close, they share a position in the ranking category and thus, in this edition, six programs share the accolade ‘World Top 5 Private Business Accelerator’. Also in contrast to previous years’ rankings, the ranked private business accelerators are listed alphabetically instead of in number order. The number one program appears in a gold row, with trophy graphic.

Home countries of programs represented in the three World Top Business Accelerator categories

PROGRAM COUNTRY

365x Israel

The Accelerator Centre Canada

Chinaccelerator China

GVA Accelerator Program Russia

SEED SPOT United States

Shell Iniciativa Jovem Brazil

WORLD TOP 5 PRIVATE BUSINESS ACCELERATORS

*Listed alphabetically

$

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World Rankings Report 19/20UBI GLOBAL 16 - Recognitions

RECOGNITIONSTOP CHALLENGERSIncubation or acceleration programs that stand out due to their impressive overall impact and performance achievements

relative to their respective regional peers.

Note: Only the partner universities of university business incubators and accelerators are listed.

In alphabetical order:

PROGRAM PARTNER UNIVERSITIES COUNTRY

CURAD Agribusiness Incubator Makerere University Uganda

Excel Hort Consult Agribusiness Incubator Ltd (EHCAI) – Uganda

LaunchLab Stellenbosch University South Africa

TOP CHALLENGERS - AFRICA

PROGRAM PARTNER UNIVERSITIES COUNTRY

01Booster – Japan

CYCU Industry Accelerator Incubation Center

Chung Yuan Christian University Taiwan

New Venture Institute Flinders University Australia

TOP CHALLENGERS - ASIA-PACIFIC

PROGRAM PARTNER UNIVERSITIES COUNTRY

Bilkent CYBERPARK Incubation Center – Turkey

NAStartUp – Italy

Technopark Winterthur – Switzerland

TOP CHALLENGERS - EUROPE

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World Rankings Report 19/20UBI GLOBAL 17 - Recognitions

PROGRAM PARTNER UNIVERSITIES COUNTRY

Chrysalis Incubadora PUCV Pontificia Universidad Católica de Valparaíso Chile

MacondoLab Universidad Simon Bolivar Colombia

Programa EAN Impacta - Instituto para el Emprendimiento Sostenible

Universidad EAN Colombia

TOP CHALLENGERS - LATIN AMERICA

PROGRAM PARTNER UNIVERSITIES COUNTRY

AUC Venture Lab American University in Cairo Egypt

Cubical Services Business Incubator – Kuwait

Syrian Enterprise & Business Centre – Business Incubator

– Syria

TOP CHALLENGERS - MIDDLE EAST & NORTH AFRICA

PROGRAM PARTNER UNIVERSITIES COUNTRY

Echoing Green – United States

Entrepreneuriat Laval inc. Université Laval Canada

Genesis Memorial University of Newfoundland Canada

TOP CHALLENGERS - NORTH AMERICA

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World Rankings Report 19/20UBI GLOBAL 18 - Recognitions

MOST PROMISINGBusiness incubators or accelerators that stand out from their peers due to impressive overall achievements relative to their

young age or in regard to a particularly relevant socio-economic impact metric.

Note: Only the partner universities of university business incubators and accelerators are listed.

In alphabetical order:

RECOGNITIONS

PROGRAM PARTNER UNIVERSITIES COUNTRY

Bilgiyi Ticarileştirme Merkezi (CCI) – Turkey

EIT Health Accelerator – Europe

Innovation & Entrepreneurship Center (IEC), Mehran UET, Jamshoro

Mehran University of Engineering & Technology Pakistan

MOST PROMISING - YOUNG PROGRAMstand out from their peers due to impressive overall achievements relative to their age.

PROGRAM PARTNER UNIVERSITIES COUNTRY

COLABORATIVOx – Mexico

Echoing Green – United States

SEED SPOT – United States

MOST PROMISING - SOCIAL INNOVATION PROGRAMPrograms that achieve high impact and performance results while predominantly serving social ventures.

PROGRAM PARTNER UNIVERSITIES COUNTRY

1871 – United States

Chalmers Ventures Chalmers University of Technology Sweden

Red de Incubadoras de la Universidad del Valle de Mexico

Laureate International Universities Mexico

MOST PROMISING - WOMEN FOUNDERSPrograms that achieve high impact and performance results while predominantly serving women founders.

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World Rankings Report 19/20UBI GLOBAL 19 - Publications

PUBLICATIONS

ORDER NOW! Get an in-depth look at the impact and performance of business incubators and accelerators around the world. The World Benchmark 19/20 Report, sponsored by Qatar Development Bank includes insights, best practices, and a comprehensive methodological overview of the research behind the world's most extensive business incubator and accelerator benchmark study.

The data points and KPIs discussed and analyzed in this report include:

Trending sectors, industries and technologies Yearly operational budget and expenditure breakdown Number of employees Number of client startups Available funding from all sources Amount of financial sponsorship attracted Number of events (co-)organized Number of partners and sponsors

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World Rankings Report 19/20UBI GLOBAL 20 - UBI Global

ABOUT UBI GLOBALWE ENABLE INNOVATION THROUGH IMPACTFUL COLLABORATIONS WORLDWIDE

UBI Global is a Stockholm-based data and advisory firm specializing in mapping and highlighting the world of business incubation and acceleration. Through a community of more than 1200 member organizations globally, we provide matchmaking, ranking, benchmarking, and research services to corporations, business incubators and accelerators, and other innovation ecosystem stakeholders.

UBI Global measures the impact and performance of business incubation and acceleration programs with a proprietary evaluation model. As part of its biennial world benchmark study, the company releases the world rankings of business incubators and accelerators, in which more than 900 organizations from over 90 countries have participated to date.

The research results from UBI Global’s studies have been featured on BBC Radio, The Chicago Tribune, Le Figaro, Der Standard, The Huffington Post, The Irish Times, France 3, and other media.

For more information, please visit: http://ubi-global.com

1200+

INCUBATOR AND ACCELERATORMEMBERS ACCEPTED

7,000+

INDIVIDUAL PROFESSIONALSINVOLVED

90+

COUNTRIESREPRESENTED

1000+

UNIVERSITIESENGAGED

60+

INDUSTRIESCOVERED

32,000+

STARTUPSMAPPED

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World Rankings Report 19/20UBI GLOBAL 21 - Directory

PROGRAM PARTNER UNIVERSITIES COUNTRY RANKING

1871 –United

States

World Top Private Business Incubator,

Most Promising - Women Founders

01Booster – Japan

365x – Israel World Top Private Business Accelerator

Aalto Startup Center's Business Generator Aalto University FinlandWorld Top University Business

Accelerator

The Accelerator Centre – Canada World Top Private Business Accelerator

AUC Venture Lab American University in Cairo EgyptTop Challenger - Middle-East & North

Africa

Auge UCR Universidad de Costa Rica Costa RicaWorld Top University Business

Incubator

Beijing Beihangtianhui Technology Incubator

Co., Ltd.– China World Top Public Business Incubator

Incubation Service Co., Ltd.– China World Top Public Business Incubator

Bilgiyi Ticarileştirme Merkezi (CCI) – Turkey Most Promising - Young Program

Bilkent CYBERPARK Incubation Center – Turkey Top Challenger - Europe

Centech École de technologie supérieure CanadaWorld Top University Business

Incubator

Chalmers Ventures Chalmers University of Technology SwedenWorld Top University Business

Incubator

Chinaccelerator – China World Top Private Business Accelerator

Chrysalis Incubadora PUCV Chile Top Challenger - Latin America

COLABORATIVOx – Mexico Most Promising - Social Innovation

Cubical Services Business Incubator – KuwaitTop Challenger - Middle-East & North

Africa

CURAD Agribusiness Incubator Makerere University Uganda Top Challenger - Africa

CYCU Industry Accelerator Incubation Center Chung Yuan Christian University Taiwan

The DMZ at Ryerson University Ryerson University CanadaWorld Top University Business

Incubator

Echoing Green –United

States

Top Challenger - North America, Most

Promising - Social Innovation

EIT Digital Accelerator – Europe World Top Public Business Accelerator

DIRECTORY: FEATURED PROGRAMSRanked and recognized businss incubation and acceleration programs in alphabetical order.

Note: Only the partner universities of university business incubators and accelerators are listed.

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World Rankings Report 19/2022 - DirectoryUBI GLOBAL

PROGRAM PARTNER UNIVERSITIES COUNTRY RANKING

EIT Health Accelerator – Europe Most Promising - Young Program

Entrepreneuriat Laval inc. Université Laval Canada Top Challenger - North America

ETC Baltimore –United

StatesWorld Top Public Business Incubator

Excel Hort Consult Agribusiness Incubator Ltd

(EHCAI)– Uganda Top Challenger - Africa

GenerationS Corporate Accelerator by RVC JSC – Russia World Top Public Business Accelerator

Genesis Memorial University of Newfoundland Canada Top Challenger - North America

GU Ventures University of Gothenburg SwedenWorld Top University Business

Incubator

Guinness Enterprise Centre – Ireland World Top Private Business Incubator

GVA Accelerator Program – Russia World Top Private Business Accelerator

HCDC Business Center –United

StatesWorld Top Public Business Incubator

HSE Business IncubatorNational Research University - Higher

School of EconomicsRussia

World Top University Business

Accelerator

I3P - Incubatore delle Imprese Innovative del

Politecnico di Torino– Italy

World Top Public Business Incubator,

Most Promising - Women Founders

IE Orchard National Incubator – China World Top Private Business Incubator

imec

Ghent University, University of Antwerp,

KU Leuven, Vrije Universiteit Amsterdam,

Hasselt University

BelgiumWorld Top University Business

Accelerator

Javeriana CaliColombia

World Top University Business

Incubator

Incuba UdeC Universidad de Concepción ChileWorld Top University Business

Incubator

Ingria Residentship Program – Russia World Top Public Business Incubator

INITS Universitäres Gründerservice Wien GmbH

Vienna University of Technology, University

of Vienna, Medical University of Vienna,

University of Natural Resources and

Life Sciences, Vienna, University of

Veterinary Medicine, Vienna, FH Campus

Wien, University of Applied Sciences, FH

Technikum Wien, University of Applied

Sciences

AustriaWorld Top University Business

Incubator

Innovation & Entrepreneurship Center (IEC),

Mehran UET, Jamshoro

Mehran University of Engineering &

TechnologyPakistan Most Promising - Young Program

IPN IncubadoraUniversity of Coimbra, Polytechnic Institute

of CoimbraPortugal

World Top University Business

Incubator

ISDI Accelerator (formerly IMPACT Accelerator) – Spain World Top Public Business Accelerator

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World Rankings Report 19/2023 - DirectoryUBI GLOBAL

PROGRAM PARTNER UNIVERSITIES COUNTRY RANKING

İTÜ Çekirdek Istanbul Technical University TurkeyWorld Top University Business

Incubator

Kerala Startup Mission – India World Top Public Business Accelerator

LaunchLab Stellenbosch University South Africa Top Challenger - Africa

Los Angeles Cleantech Incubator –United

StatesWorld Top Public Business Incubator

MacondoLab Universidad Simon Bolivar Colombia Top Challenger - Latin America

McGill Dobson Centre for Entrepreneurship McGill University CanadaWorld Top University Business

Incubator

MIDITEC – Brazil World Top Private Business Incubator

Montpellier BIC – France World Top Public Business Incubator

NAStartUp – Italy Top Challenger - Europe

NDRC – Ireland World Top Public Business Accelerator

New Venture Institute Flinders University Australia Top Challenger - Asia-Pacific

PoliHub - Innovation District & Startup

AcceleratorPolitecnico di Milano Italy

World Top University Business

Incubator

Programa EAN Impacta - Instituto para el

Emprendimiento SostenibleUniversidad EAN Colombia Top Challenger - Latin America

Red de Incubadoras de la Universidad del Valle

de MexicoLaureate International Universities Mexico

World Top University Business

Incubator, Most Promising - Women

Founders

Royal Scientific Society - iPARK – Jordan World Top Private Business Incubator

SEED SPOT –United

States

World Top Private Business Accelerator,

Most Promising - Social Innovation

The SETsquared Partnership

University of Bath, University of Bristol,

University of Exeter, University of

Southampton, University of Surrey

United

Kingdom

World Top University Business

Incubator

Shell Iniciativa Jovem – Brazil World Top Private Business Accelerator

Startup Aggieland Texas A&M University, Blinn College DistrictUnited

States

World Top University Business

Accelerator

Studio G at Arrowhead Center

New Mexico State University, New Mexico State

University Alamogordo, New Mexico State University

Carlsbad, New Mexico State University Grants,

Burrell College of Osteopathic Medicine, Doña Ana

Community College, Eastern New Mexico University,

Navajo Technical University, New Mexico Institute

of Mining and Technology, San Juan College, Santa

Fe Community College, University of New Mexico,

Western New Mexico University

United

States

World Top University Business

Incubator

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World Rankings Report 19/2024 - DirectoryUBI GLOBAL

PROGRAM PARTNER UNIVERSITIES COUNTRY RANKING

SUPERA Parque de Inovação e Tecnologia Universidade de São Paulo BrazilWorld Top University Business

Incubator

Syrian Enterprise & Business Centre – Business

Incubator– Syria

Top Challenger - Middle-East & North

Africa

TEC Edmonton University of Alberta CanadaWorld Top University Business

Incubator

Technopark Winterthur – Switzerland Top Challenger - Europe

University of Toronto Entrepreneurship University of Toronto CanadaWorld Top University Business

Incubator

Uppsala Innovation Centre – Sweden World Top Public Business Incubator

UtrechtInc

Utrecht University, University Medical

Center Utrecht, University of Applied

Sciences Utrecht

NetherlandsWorld Top University Business

Incubator

WSL – Belgium World Top Public Business Incubator

York Entrepreneurship

Development Institute (YEDI)

York University, Plekhanov Russian

University of EconomicsCanada

World Top University Business

Accelerator

YES!DelftDelft University of Technology, The Hague

University of Applied SciencesNetherlands

World Top University Business

Incubator

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UBI GLOBAL

world rankings 19/20 report

the ubi Global world rankings ofbusiness incubators and Accelerators